Originally Posted by
minathomas88
I have $100 on bouchard to win Aus open at $34.. she plays LI NA tomorrow who is clear favourite.
Anyway Bouchard to Win the Aus open is currently $9. I was thinking if I place another $200 on her to win then put $1,800 on LI NA to win the Aus open @ $2 (Which is the profit of the 2nd bet) i will either...
a) li na defeats bouchard tomorrow and is clear favourite for the title... so i will hedge against whoever her opponent is... and make at least $1000...?
b) bouchard wins tomorrow and i still have $34000 to play around with... so i will hedge to cover my $1800
c) what am i missing? i need help.. any advice would be great!
i am not happy of making a couple hundred bucks profit off this bet, i want something substantial (at least 1k) but i know i am missing something and i dont want to end up -2k if that makes sense
cheers boys! appreciate your comments